Memphis, TN
38117
Shelby County County · Tennessee · Pop. 45,870
Last updated: May 2026
Memphis, Tennessee (ZIP code 38117) is home to approximately 45,870 residents. The median household income in 38117 is $95,834, which is 35% above the national average of $70,784. The cost of living in 38117 is reflected in its housing market - the median home value is $448,825 and the average rent is $1,893/month. 38117 has a violent crime rate of 77.0 per 100,000 residents, which is 80% below the national average - earning it a safety grade of A+. 38117 is served by with an average school rating of 7.6/10. Air quality in 38117 is rated Good with an average AQI of 36.2. The average commute time in 38117 is 25 minutes, 3 minutes below the national average. Compare 38117 vs national averages and nearby neighborhoods using our free ZipScore intelligence platform.
On This Page
👥 Demographics
Race & Ethnicity
💰 Income & Economy
Affordability Assessment: Renters in this area spend approximately 24% of their income on rent, which is considered very affordable. Home prices are moderately affordable at 4.7x the median income.
🏠 Housing
🔒 Safety & Crime
Memphis (38117) is significantly safer than the national average, with violent crime rates 80% below the US average. This is considered a very safe area.
🎓 Schools & Education
Top Schools in 38117
| School | Type | Rating | Students |
|---|---|---|---|
| Memphis Charter School | public | 8/10 | 797 |
🌡️ Climate & Weather
🌫️ Air Quality
⚠️ Natural Disaster Risk
🚗 Commute
Nearby ZIP Codes
Compare 38117 With Another ZIP
Pros and Cons of Living in Memphis, TN (38117)
Based on crime, housing, income, schools, and air quality data
✅ Pros
- + Low crime rate - violent crime is 80% below the national average
- + Above-average income - median household income of $95,834
- + Good air quality - average AQI of 36.2 (rated "Good" by EPA standards)
- + Strong schools - average school rating 7.6/10
- + Low natural disaster risk - minimal risk of flooding, earthquakes, and severe weather
⚠️ Cons
- − High rent - average $1,893/month, above the national median of $1,163
Data sourced from US Census Bureau, FBI Crime Statistics, and EPA. Individual experiences may vary.
Frequently Asked Questions about ZIP Code 38117
What is the population of 38117? ▼
The population of ZIP code 38117 in Memphis, Tennessee is approximately 45,870 people.
Is 38117 safe to live in? ▼
Memphis (38117) is significantly safer than the national average, with violent crime rates 80% below the US average. This is considered a very safe area. Safety Grade: A+.
What is the median income in 38117? ▼
The median household income in 38117 (Memphis, Tennessee) is $95,834. The per capita income is $62,292. The US national median household income is $70,784.
What is the cost of living in 38117? ▼
Renters in this area spend approximately 24% of their income on rent, which is considered very affordable. Home prices are moderately affordable at 4.7x the median income. Median home value: $448,825. Average rent: $1,893/month.
What are schools like in 38117? ▼
Schools in 38117 receive an Education Grade of B+. There are 1 schools with an average rating of 7.6/10 and a student-teacher ratio of 16:1. See the full schools section above for individual school listings.
What is the crime rate in 38117? ▼
The violent crime rate in 38117 is 77.0 per 100,000 residents, which is below the national average of 380.7. Property crime rate: 791.0 per 100k (national avg: 1,958.2).
What is the average rent in 38117? ▼
The median monthly rent in 38117 (Memphis, Tennessee) is $1,893/month. The national median rent is $1,163/month.
What is the median home value in 38117? ▼
The median home value in 38117 (Memphis, Tennessee) is $448,825. The national median home value is $303,400.
Is 38117 a good place to live? ▼
38117 (Memphis, Tennessee) has a ZipScore of 74/100 - our composite score based on safety (25%), affordability (20%), schools (15%), air quality (10%), climate (10%), commute (10%), and disaster risk (10%). This is a good neighborhood with solid fundamentals.
What is the air quality in 38117? ▼
The average Air Quality Index (AQI) in 38117 is 36.2 - rated Good by EPA standards. Average PM2.5 level: 6.7 µg/m³.
Data sourced from U.S. Census Bureau (ACS), FBI Uniform Crime Report, EPA AirNow, FEMA National Risk Index, and Open-Meteo. Last updated: May 2026